BankMuscat SAOG (BKMB OM): Oman’s biggest bank by assets
had the short-term ratings on its $800 million Euro Medium-Term
Note program withdrawn at Moody’s Investors Service. Moody’s
withdrew the ratings for its own business reasons, it said. The
shares rose 0.4 percent to 0.742 rial.

United Development Co. (UDCD QD): The real-estate and
energy investor in Qatar said it terminated contracts with
Building and Construction Real Estate to build two apartment
towers. The shares advanced 0.5 percent to 20.51 riyals.